786 University Ave Palo Alto, CA 94301
Crescent Park NeighborhoodEstimated Value: $1,363,000 - $1,651,729
2
Beds
2
Baths
1,313
Sq Ft
$580/mo
HOA Fee
Highlights
- Primary Bedroom Suite
- Quartz Countertops
- Walk-in Shower
- Addison Elementary School Rated A+
- 1 Car Detached Garage
- Forced Air Heating System
About This Home
As of April 2022Superbly located blocks from downtown Palo Alto, this 2-bedroom, 2-bath residence with its gleaming vintage hardwood floors enjoys large windows and an open layout. Brand-new upgrades throughout complement the original mid-century contemporary style. The revamped kitchen with its own entrance features new quartz counters, flooring, and lighting. Sliders from the living area lead to a charming front patio. The huge primary suite has enough room for a work-from-home or exercise area, along with its own rear patio and an upgraded en-suite bath. This condo also features an in-unit washer and dryer, plenty of storage, and assigned garage parking. Villa Capri Aire is a sought-after boutique condominium with only four units per building, delightful gardens, and a cascading fountain. Its location is near all the great restaurants downtown Palo Alto offers, plus parks, museums, the farmers market, and more. Commuting is a breeze with easy access to CalTrain and US-101.
Last Buyer's Agent
Hebe Li
Coldwell Banker Realty License #02024787
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $19,219
Year Built
- 1958
Lot Details
- 1,350
HOA Fees
- $580 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- On-Street Parking
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 1,313 Sq Ft Home
- 1-Story Property
- Dining Area
- Laundry in unit
Kitchen
- Electric Oven
- Microwave
- Quartz Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Suite
- Remodeled Bathroom
- 2 Full Bathrooms
- Dual Sinks
- Walk-in Shower
Utilities
- Forced Air Heating System
Community Details
- Association fees include insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, reserves, roof
- 25 Units
- Villa Capri Aire Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 28, 2018
Sold by
Yoshitake Mark
Bought by
Yoshitake Mark and Yoshitake Mari
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Outstanding Balance
$459,869
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$972,673
Purchase Details
Closed on
Feb 16, 2005
Sold by
Metz Kevin H and Thorpe Nicole L
Bought by
Yoshitake Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,800
Interest Rate
4.62%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Feb 28, 2003
Sold by
Mehta Pawan and Mehta Anupriya
Bought by
Metz Kevin H and Thorpe Nicole L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.75%
Purchase Details
Closed on
Jan 7, 2002
Sold by
Vail Paula L
Bought by
Mehta Pawan and Mehta Anupriya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.37%
Purchase Details
Closed on
Aug 20, 2001
Sold by
Larson Helen C
Bought by
Vail Paula L
Purchase Details
Closed on
Mar 13, 1997
Sold by
Larson Paul J and Larson Helen C
Bought by
Larson Paul J and Larson Helen C
Similar Homes in Palo Alto, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yoshitake Mark | -- | None Available | |
| Yoshitake Mark | $671,000 | North American Title Company | |
| Metz Kevin H | $500,000 | First American Title Company | |
| Mehta Pawan | $435,000 | First American Title Co | |
| Vail Paula L | -- | -- | |
| Larson Paul J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yoshitake Mark | $529,000 | |
| Closed | Yoshitake Mark | $547,000 | |
| Closed | Yoshitake Mark | $536,800 | |
| Previous Owner | Metz Kevin H | $400,000 | |
| Previous Owner | Mehta Pawan | $62,000 | |
| Previous Owner | Mehta Pawan | $285,000 | |
| Closed | Metz Kevin H | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2022 04/25/22 | Sold | $1,500,000 | +1.7% | $1,142 / Sq Ft |
| 03/24/2022 03/24/22 | Pending | -- | -- | -- |
| 03/18/2022 03/18/22 | For Sale | $1,475,000 | -- | $1,123 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $19,219 | $1,560,600 | $780,300 | $780,300 |
| 2023 | $18,933 | $1,530,000 | $765,000 | $765,000 |
| 2022 | $11,429 | $881,355 | $396,541 | $484,814 |
| 2021 | $11,205 | $864,074 | $388,766 | $475,308 |
| 2020 | $10,985 | $855,215 | $384,780 | $470,435 |
| 2019 | $10,860 | $838,447 | $377,236 | $461,211 |
| 2018 | $10,494 | $822,008 | $369,840 | $452,168 |
| 2017 | $10,308 | $805,891 | $362,589 | $443,302 |
| 2016 | $10,033 | $790,090 | $355,480 | $434,610 |
| 2015 | $9,929 | $778,223 | $350,141 | $428,082 |
| 2014 | $9,663 | $762,980 | $343,283 | $419,697 |
Source: Public Records
Agents Affiliated with this Home
-
Caroline Huo
Seller's Agent in 2022
Caroline Huo
KW Advisors
(650) 558-6846
1 in this area
119 Total Sales
-
Buyer's Agent in 2022
Hebe Li
Coldwell Banker Realty
(650) 889-6649
1 in this area
123 Total Sales
Map
Source: MLSListings
MLS Number: ML81883063
APN: 003-02-074
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